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223 Busby St

Lebanon, IN 46052

3 bd 2 ba 1,930 sqft Built 1924 Lot 7,144 sqft single_family
Most recent sale
$285,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $285,000 Public Record
May 10, 2022 Listed $244,900 MLS #21854032
Oct 6, 2021 Sold $165,400 Public Record
Oct 5, 2021 Sold $165,400 MIBOR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $249,800 $13,000 $262,800 $2,237
2024 $249,800 $13,000 $262,800 $2,497
2023 $213,500 $13,000 $226,500 $2,234
2022 $122,300 $13,000 $135,300 $1,149
2021 $102,100 $13,000 $115,100 $301
2020 $99,400 $13,000 $112,400 $296
2019 $94,900 $13,000 $107,900 $291
2018 $87,400 $13,000 $100,400 $285
2017 $81,100 $13,000 $94,100 $280
2016 $78,900 $13,000 $91,900 $275
2015 $79,200 $13,000 $92,200 $270
2014 $76,300 $13,000 $89,300 $265
2013 $76,300 $13,000 $89,300 $240
2012 $76,400 $13,000 $89,400 $236
2011 $67,400 $13,000 $80,400 $231
2009 $70,500 $13,000 $83,500 $222
2008 $73,100 $10,400 $83,500 $418

Property facts

Year built
1924
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,930 sqft
Lot size
7,144 sqft
ZIP code
46052
City
Lebanon
Street
Busby St
Coordinates
40.05244, -86.46596

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,895
Gross rental yield
12.19%
Implied cap rate
7.92%
Trend-extrapolated value

Frequently asked questions

When did 223 Busby St last sell?
223 Busby St most recently sold on Jul 1, 2022 for $285,000.
What is the current tax assessment for 223 Busby St?
The most recent total assessment for 223 Busby St (year 2025) is $262,800 with $2,237 in property tax.
How does 223 Busby St's assessment compare to its last sale price?
The current assessment is 7.8% below the last sale price of $285,000.
When was 223 Busby St built?
223 Busby St was built in 1924.
How does 223 Busby St compare to others on Busby St?
We track 8 other properties on Busby St. Browse the list under "Other properties on Busby St" to compare beds, baths, and sale history.
What are the property facts for 223 Busby St?
223 Busby St is a 3 bed, 2 bath, 1,930 sqft, 7,144 sqft lot single_family.
Is 223 Busby St a flip candidate?
Yes — 223 Busby St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 223 Busby St a tax-appeal candidate?
No — 223 Busby St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+1.9%
2026 Q3
$310.9K
2026 Q4
$312.3K
ZIP 46052 — Median Price History + Forecast

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